74 Sherman St, Gardner, MA 01440-2716
This exceptional commercial property at 74 Sherman Street in Gardner, MA, presents a unique opportunity for businesses seeking versatile warehouse space. Priced at $199,900, this property boasts a substantial 0.45-acre lot, including an adjacent empty lot perfect for employee parking. The building itself features a convenient loading dock situated at the front, streamlining logistics. Internal operations are enhanced by a functional elevator servicing all three floors (basement to second floor), ensuring efficient vertical transport of goods. A built-in conveyor system connects the loading dock directly to the second floor, further optimizing workflow. The warehouse is notable for its dry, heated interior across all levels, providing a climate-controlled environment ideal for sensitive inventory. The roof is in excellent condition, exhibiting no leaks. Potential buyers are strongly encouraged to perform their own due diligence to verify all aspects of the property and its suitability for their specific needs. This is a rare opportunity to acquire a well-maintained warehouse with significant added parking space in a desirable location. The inclusion of the adjacent empty lot significantly increases the property's value and potential. Don't miss this chance to secure a prime commercial asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.